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COMMERCIALSOLD STC

Longridge Avenue, Saltdean

Guide Price
£250,000
Nicholas James, Hove
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Sold by Auction
  • Freehold Investment
  • 2 x Shops, 1 x Flat
  • Future Development Potential

Description

**Sold by Auction** Guide Price £250,000+. A freehold mixed-use investment comprising a 2 x retail units and a 2 bedroom first floor flat. The property is currently producing £27,000pa from two leases. The laundrette are paying £18,250pa on a lease due to expire November 2025 which includes the 2 bedroom flat, which they currently sub-let. The taxi office are currently holding over at a rent of £8,750pa. The property is situated in a popular neighbourhood area and provides the opportunity to increase the future rental income by reconfiguring the leases or redevelopment, subject to the usual consents. For further details please contact the auctioneer. Buyers are advised to review the legal pack prior to bidding.

Brochures

Longridge Avenue, SaltdeanBrochure

Longridge Avenue, Saltdean

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Southease Station3.6 miles
  • Newhaven Town Station4.0 miles
  • Newhaven Marine Station4.0 miles
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About Nicholas James, Hove

8 The Drive, Hove, East Sussex, BN3 3JT

Welcome to Nicholas James.

Thank you for showing an interest in what we truly believe to be the future model of property consultancy. Founded in 2018 by Directors, James Perry & Nick Daley, the company has quickly become known as one the leading residential sales and lettings agents in Brighton & Hove. As the brand grew, so did our area. We have sold and let property across Sussex from our office in Hove using innovative technology and good old-fashioned customer service.

In 2021 our business expanded to offer property auctions with the addition of James Hance as Director and Nick Muston as Auctioneer. James and Nick are both well-respected figures in the industry and look to continue the growth of Nicholas James across Sussex and beyond.

Our ethos is to provide unrivalled trust and transparency. Our software allows every single client an insight into what we’re doing on a daily basis, including marketing stats, live viewings diary and direct feedback from applicants immediately after each viewing.

We are proud to be an independent company and enjoy being able to support local charities and community groups. Staying true to Brighton & Hove’s culture, we utilise our technology to be as green as possible and give back to the environment.

Our aim at Nicholas James is to add a little calm to what can potentially be a very stressful time.

Notes

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Disclaimer - Property reference 33329127. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Nicholas James, Hove. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Nicholas James, Hove on 01273 109721.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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